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Silverstone Circuits Limited have confirmed they have written to Prime Minister David Cameron asking for confirmation that the Circuit of Wales project will not receive government funding.Plans were revealed in 2012 for a £250 million development of an 830 acre site in South Wales for a "world-class automotive cluster, centred around a performance circuit designed to host international motor sport events such as MotoGP, World Superbikes, World Motocross and World Touring Cars".
Silverstone feel that the £50 million of public funding by developers would give the Circuit of Wales an unfair advantage over other existing venues in the UK and feel that it could amount to... Full Story »

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